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Boardwalk REIT (BEI.UN) owns and operates 200 properties, comprising 33,000 residential units totaling 28M sq. ft. with a total value of $6.2B. By province, 63% of suites are located in Alberta, 18% in Quebec, 11% in Saskatchewan 8% in Ontario.

Development

Boardwalk has completed its first major joint venture development with RioCan REIT(REI.UN) known as BRIO, located in Calgary. BRIO is an affordable luxury 12-storey tower with 130,000 sq. ft. of residential, consisting of 162 units, and 10,000 sq. ft. of retail space. The development provides premium rental housing at a desirable location that is along the Calgary Light Rail Transit Line, and in close proximity to the University of Calgary, Foothills Hospital, and McMahon Stadium. The project was substantially completed on Feb-21-2020 and on budget. As of May-14-2020, the project was 10% leased.

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